Pegboard display rack

ABSTRACT

A display rack for carded merchandise includes a pegboard with a spring loaded plate mounted on the rear thereof. A plurality of card holding devices are attached at arbitrarily spaced locations on the pegboard. Each card holding device includes a tubular hanger on which the merchandise card are hung and an actuating rod slidably movable within the tubular hanger. A spring loaded extension portion on each rod withdraws it outwardly from the back of the pegboard and causes a retaining post pivotally supported on the forward end of the rod to project outwardly through a slot on the forward end of the tubular hanger to prevent removal of the merchandise cards. When the plate is pushed inwardly, all the rods are simultaneously depressed into their tubular hangers causing the retaining posts to be pivoted into the tubular hangers to thereby enable the removal of the merchandise cards.

United States Patent [191 Canning 51 Aug. 6, 1974 PEGBOARD DISPLAY RACK[76] Inventor: Glenn R. Canning, 8318 Elmont St.,

Pico Rivera, Calif. 90660 [22] Filed: May 11, 1973 211 Appl. No.:359,470

[52] US. Cl 211/7, 211/57, 221/312 A, 248/D1G. 3 [51] Int. Cl. A47f7/024 [58] Field of Search 211/4, 7, 57, 59; 221/27, 221/28, 29, 312 R,312 A; 248/DIG. 3

[56] References Cited UNITED STATES PATENTS 3,163,275 12/1964 Andrews eta1. 221/312 R X 3,785,501 l/1974 Canning 211/7 Primary ExaminerMarionParsons, Jr. Assistant Examiner-Robert W. Gibson, Jr.

[57] ABSTRACT A display rack for carded merchandise includes a pegboardwith a spring loaded plate mounted on the rear thereof. A plurality ofcard holding devices are attached at arbitrarily spaced locations on thepegboard. Each card holding device includes a tubular hanger on whichthe merchandise card are hung and an actuating rod slidably movablewithin the tubular hanger. A spring loaded extension portion on each rodwithdraws it outwardly from the back of the pegboard and causes aretaining post pivotally supported on the forward end of the rod toproject outwardly through a slot on the forward end of the tubularhanger to prexqqtw s uqvelsqf111n9r2h9ns1i ,qerds he h plate is pushedinwardly, all the rods are simultaneously depressed into their tubularhangers causing the retaining posts to be pivoted into the tubularhangers to thereby enable the removal of the merchandise cards.

9 Claims, 14 Drawing Figures PEGBOARD DISPLAY RACK This inventionrelates to display racks for merchandise cards and more particularly toan improved pegboard display rack which provides for securely holdingmerchandise cards thereon until released by a sales clerk.

It is well known to display carded merchandise in retail stores byplacing the merchandise on cards that are hung on hangers extendingoutwardly from a pegboard. Displaying merchandise in this manner is verydesirable since it enables the customer to view the merchandise andselect the items which he is interested in purchasing without taking upthe time of the sales clerk. However, when displayed in this fashion,pilfering of the merchandise cards becomes a problem. Therefore, becauseof this pilferage problem, much of the shoplift prone type ofmerchandise; such as, steel tape rules, cassette tapes, small tools, andradio parts, for example, are usually kept in locked service cabinets.Thus, when a customer desires to purchase items such as these a salesclerk must open the cabinet and be present while the customer examinesand selects the items he desires to purchase.

Accordingly, one of the objects of the present invention is to provide apegboard display rack which includes locked merchandise card holdingdevices useful for displaying the types of merchandise which generallyhave a high risk from shoplifters.

Another object of the present invention is to provide a display rackwhich fully displays carded merchandise items while keeping the itemssecured to the display rack until released by a sales clerk.

Another object of the present invention is to provide for securelydisplaying items of merchandise in a display rack in such a manner as toenable a customer to leisurely examine and select the item or items hedesires to purchase without taking up the time of the sales clerk.

Still another object of the present invention is to provide an improveddisplay rack structure which operates to securely hold merchandise cardson each of a plurality of hangers attached to a pegboard until thedisplay rack is unlocked by a sales clerk.

Other objects and features of the present invention will become apparentduring the course of the following part of the specification wherein thedetails of construction and mode of operation of a preferred embodimentare described with reference to the accompanying drawings, in which:

FIG. I shows a partial view of the merchandise card display rack of thepresent invention;

FIG. 2 shows a vertical cross-sectional view of the display rack astaken along lines 2-2 of FIG. 1;

FIG. 3 shows a lock for the display rack;

FIG. 4 shows a fragmentary sectional view of the adjustable travel stopfor the movable plate on the back of the pegboard as taken along lines4--4 of FIG. 1;

FIG. 5 is a sectional view of the operating lever for the display rackas taken along lines 5-5 of FIG. 2;

F IG. 6 illustrates one of the card holding device being inserted on thepegboard;

FIG. 7 is a view similar to FIG. 2 showing the movable plate on the backof the pegboard being advanced up against the travel stop of theoperating lever.

FIG. 8 is an exploded perspective view of the parts comprising amerchandise card holding device;

FIG. 9 is a vertical sectional view of a tubular hanger with a retainingpost held therein in its locked position;

FIG. 10 is a horizontal sectional view of the tubular hanger as takenalong lines 10-10 FIG. 9;

FIG. 11 is a transverse sectional view of the tubular hanger as takenalong lines 11ll of FIG. 9;

FIG. 12 is a vertical sectional view of the tubular hanger showing theinitial forward movement of the rod therein;

FIG. 13 is a longitudinal vertical sectional view of the tubular hangershowing the rod advanced there in so as to pivot the retaining post intoa horizontal position within the hanger; and

FIG. 14 is a sectional view of the tubular hanger showing the rodadvanced forwardly therein so as to expose the knob on the forward endthereof.

Referring to FIGS. 1 and 2, the display rack 10 of the present inventionincludes a vertically disposed rectangular sheet of metal pegboard 11having thereon an array of diamondshaped openings 13. The edges of themetal pegboard are bent back to form the top 14, bot tom 15, and sides16 of the display rack 10. Disposed in the enclosure formed on the backof the pegboard is a movable plate 20. Each corner of the plate 20 isprovided with a boss 21, to which one end of a link 23 is pivotallyattached by a bolt 24. The other end of the link 23 is pivotallyattached by a bolt 25 to the side 16 of the display rack 10. The links23 enable the plate 20 to be maintained parallel to the pegboard whilebeing moved inwardly and outwardly relative thereto. The movable plate20 is normally forced outwardly by one or more compressed springs 28each of which is mounted at one end by a pin 28a attached to the plate20. The springs 28 thus force the pegboard 11 and plate 20 apart untilthe side of the link 23 on the upper corner of the plate 20 contacts apin stop 29 secured to the side 16 of the rack 10.

As shown in FIG. I, supported at arbitrarily spaced locations on thepegboard 11 are a plurality of card holding devices 30. Additional cardholding devices can be supported on other portions of the pegboard 11,

e not. shown. Each card holding device 30 includes a bracket 31 by whichit is attached to the pegboard 11, and a horizontally extending tubularhanger 32. The inner end of the tubular hanger 32 is welded or otherwisesecurely connected in an opening 31a on the center of the bracket 31. Aplurality of merchandise cards 35 are supported on the tubular hanger byan opening 36 provided on each of the cards for that purpose. A dog orretaining post 40 normally projects downwardly near the forward end ofeach of the tubular hangers 32 for preventing the cards 35 from beingwithdrawn off the forward end of the tubular hanger 32. It should benoted that the forward end of the tubular hanger 32 is open.

Referring to FIG. 8, positioned for sliding movement within the tubularhanger 32 of each of the card holding devices 30 is an elongatedactuating rod 42. The retaining post 40 is pivotally mounted near theforward end of the actuating rod 42 and extends through a slot 65 (FIG.9) on the bottom wall near the forward end of the tubular hanger 32. Abolt 33 is threadably attached by its end in a hole 44 provided on therear end of the rod 42. A spring 45 encircles the body of the bolt 43.The inner end of spring 45 bears on a washer 46 which rests against theback of the bracket 31, and the outer end of spring 45 bears on the head43a of bolt 43 so as to force the actuating rod outwardly from the backof the tubular hanger 32 until the head 43a of the bolt contacts themovable plate 20.

As will be described more fully hereinafter, when the actuating rod 42of a card holding device 30 is forced backwardly by the spring 45, theretaining post 40 is held in its vertically projecting position whichprevents removal of the merchandise cards 35 off the end of tubularhanger 32. On the other hand, when the actuating rod is advanced intothe tubular hanger 32 be depressing the plate 20, the retaining post 40is pivoted backwardly so as to be substantially enclosed within thetubular hanger 32 and thus enables the cards 35 to be slid past the post40 and off the end of the hanger 32.

Located on the front of the pegboard 1 1 is an operating handle 48. Asshown in FIG. 5, a support 34 is welded on the inner surface of the racknear the side 16 thereof. The support 34 is provided with a circularopening 38 which is aligned with a similar circular opening 39. on theside 16 of the rack 10. A bushing 50 passes through the openings 38 and39 and is held in position by a bolt 71 and nut 72. A lever 37 having anouter arm 49 and an inner arm 52 is rotatable mounted by a bore locatedat its fulcrum point on the bushing 50. The operating handle 48 isattached to the outer arm 49 and a roller 54 is secured by a bolt 54a,to the end of the inner arm 52. I

Also located on the front of the pegboard 11 is a travel stop 64 whichcomprises a threaded body with an enlarged inner end 66. A fitting 68 isheld on the pegboard by a nut 73. The body of the travel stop 64threadable engages an axial opening in the fitting 68. The outer end ofstop 64 is adapted to receive an Allenhead wrench which is used toadjustably position the inner end 66 of the stop 64 and thereby limitthe inward movement of the plate 20.

The plate 20 is moved inward by applying a force directly thereon, or,if the display rack 10 is mounted against a wall, the operating handle48 on the front of the display rack can be lifted to rotate lever 37about the bushing 50. This causes the roller 54 on the end of the innerarm '52 to force the plate 20 toward the pegboard 11 and the actuatingrods 42 of each of the card holding devices 30 inwardly so as to causethe retaining post 40 on the forward ends of the hangers 32 to bepivoted into the slots 65 thereof.

A lock 27 for the display rack 10 is provided on the pegboard 11. Thebody 58 of the lock 27 extends through an enlarged opening 59in thepegboard l1 and is provided with a cap 60 that bears against the frontsurface of the pegboard 11. A nut 61 engages a threaded portion of thebody 58 and contacts the back surface of the pegboard 11. The lock 27has a central rotatable shaft 62 with a lock arm 63 attached to the endthereof. When the display rack 10 is locked, the lock arm 63 is swung toextend in front of and adjacent the front surface of the plate 20, thuspreventing it from being pushed inwardly. Upon inserting a key (notshown) in the keyhole of the lock 27, the lock arm 63 can be rotated toa position indicated by dash lines 63' wherein the lock arm resides in aclearance opening 64a on the plate 20. When the lock arm 63 is in thislatter position, the plate 20 can be pivoted forwardly by its links 23while maintaining its position parallel with the pegboard, as shown inFIG. 7, so as to simultaneously advance all the actuating rods 42 intotheir respective tubular hangers 32. When the rods are so advanced, theretaining posts 42 are pivoted inwardly into the tubular hangers 32.

It is thus seen that the display rack 10 of the present inventionprovides for securing a plurality of merchandise cards 35 on each of aplurality of tubular hangers 30 by controlling the positioning of aretaining post 40 pivotally mounted near the forward end of each of thetubular hangers 32. The plate 20 is normally prevented from beingadvanced inwardly by the lock 27, and, accordingly, the posts 40 arenormally locked in their outwardly projecting position so as to preventthe cards 35 from being removed off the ends of the hangers 32. Byunlocking the lock 27 of the rack 10, the sales clerk can then push inthe plate 20 which causes the advancing of all the actuating rods 42into the tubular hangers 32 and the pivoting of posts 40 on the forwardends thereof inwardly into the hangers 32, thus permitting the cards tobe removed from the ends thereof.

Upon the sales clerk releasing the plate 20, the actuating rods areagain moved to their withdrawn position by the springs 45, and theretaining posts 40 are again swung to their outwardly projectingposition on the hangers 32 in which they prevent removal of the cards35. Then when the lock 27 is again rotated by a key so as to againposition the locking arm 63 in front of the movable plate 20, thedisplay rack 10 is again placed in a locked position.

The structure for holding the merchandise cards on the holding device 30will now be further described by referring to FIGS. 8 to 14 of thedrawings. Thus, the actuating rod 42 has near its forward end anelongated vertical. slot 51, and a shorter horizontal slot 53 whichtraverses the walls of the vertical slot 51. The front end of slot 51 isprovided with an internal shoulder 55. The inner end of the post 40,which is formed with a side lug 41, is positioned within the verticalslot 51 and pivotally held thereon by a pin 56 which extends through thehorizontal slot 53 and the hole 57 on the inner portion of the post 40.The outer portion of the post 40 extends through the slot 65 on thelower wall of the hanger 32. It should be understood that the ends ofthe pin 56 are freely movable along the shorter horizontal slot 53.Thus, as shown in FIGS. 9 and 10, when the rod is pulled out of thetubular hanger 42 by the spring 45 on the bolt 43 located on the rearportion thereof, the pin 56 is located on the forward end of thehorizontal slot 53, and the post 40 is held against the back end of theslot 65 in the tubular hanger 32 with its side lug 41 engaging intemalshoulder on the front end of the vertical slot 51 on the rod 42.

It is thus seen that when the actuating rod is held in its withdrawnposition by the spring 45 on the bolt 43, the outer portion of theretaining post 40 is anchored up against the rear end of the slot in thetubular hanger 32 and the internal shoulder 55 on the rod 42 engages thelug 41 on the inner portion of the retaining post 40. It should now beclear that the contact of the lug 41 with the internal shoulder 55 onthe rod prevents the outwardly projecting post 40 from being pushedbackward, and the contact of the flat inner end of lug 41 of the postwith the inner wall of the tubular hanger 32 opposite the slot 65prevents the outwardly projecting post from being pushed forward. Thus,the retaining post 40 is effectively secured in its outwardly projectingvertical position.

However, when a pressure is exerted on the plate 20, the rod 42 and thepost 40 are initially moved together forwardly into the hanger 32 untilthe post 40 contacts the front end of the slot 65 on the forward end ofthe hanger 32, as shown in FIG. 12. As the rod 42 continues to moveforwardly, the lug 41 on the post 40 becomes disengaged from theinternal shoulder 55 on the front end of the vertical slot 51 in the rod42 as the pin 56 slides towards the rear of the short horizontal slot53. Continued forward movement of the rod 42 then causes the post 40 tobe pivoted inwardly such that when the plate 20 moves to the positionindicated by 20 in FIG. 4 wherein it contacts the inner end 66. of thetravel stop 64 on the pegboard 11, the post 40 is substantially enclosedwithin the vertical slot 51 on the rod 42, as shown in FIG. 13. Thus,the merchandise card 35 can be removed from the hanger 32. It should beparticularly noted that when the rod 42 is in this position, the knob 47formed on the forward end thereof is still enclosed within the hanger32.

Next to be described is the manner in which the card holding devices 30are attached to the pegboard 11, and having once been attached, aredetached only if the travel stop 64 has been properly adjusted and thedisplay rack unlocked. Thus, assuming it is desired to mount a cardholding device 30 at a particular position on the pegboard 11, the backend of the rod 32 is depressed into the hanger 32 until the knob 47,formed on the forward end of the rod 32, is exposed so that it can begripped and held by the fingers or by a suitable tool so as to keep therod 42 in its forward position. Then by tilting the end of the tubularhanger 32 upwardly, as shown in FIG. 6, the ears 33 on the upper cornersof the bracket 31 can be inserted on a pair of spaced diamond-shapedholes 13 of the pegboard 11. As the tubular hanger 32 is then swung downto a horizontal position, the bolt 33 on the rear of the rod 42 ispassed through a lower diamondshaped hole 13 in the pegboard 1 1. Whenthe knob 47 on the front end of the rod 42 is now released, the rod iswithdrawn out of the hanger 32 by the springs 45 until the head 43a ofthe bolt 43 contacts the plate 20. The lower end of the bracket 31 isthen held up against the pegboard 11 by passing a plastic fastener 69through the opening 67 in the bracket 31 and an aligned diamond-shapedhole 13 on the pegboard 11. The body of fastener 69 is segmented andprovided with a centrally threaded opening adapted to receive anAllen-head screw 70. Advancing the screw 70 causes the plastic bodysegments of the fastener 60 to be cammed outwardly so as to secure thelower end of the bracket 31 on the pegboard 11.

It should be noted that once the knob 47 on the forward end of the rod42 is released after the ears 33 on the bracket 31 are positioned in theholes 13 on the pegboard 11 and the bolt 43 is inserted in a lower hole13 on the pegboard, the holding device 30 cannot be removed from thepegboard 11. This is because of the force on the end of the rod 42 bythe spring 45 which prevents the bolt 43 from being withdrawn out of thehole 13 on the pegboard 11, even when the hanger 32 is tilted upwardlyas required to release the ears 33 on the upper corners of the bracket31 from the holes 13 on the pegboard 11.

After the card holding devices 30 are attached to the pegboard 11, thehangers 32 thereof can be loaded as follows. First, the travel stop 64on the pegboard 11 is adjusted by use of an Allen-head wrench until thethreaded body thereof is advanced to its extreme forward position suchthat the outer end of the travel stop is flush with the outer end of thefitting 68. This is the position of the travel stop for normal operationof the display rack 10. Now, then, when the display rack 10 is unlockedby rotating the arm 63 of the lock 27 to the position shown in FIG. 3,the plate 20 may be advanced to a position indicated as 20' in FIG. 4,which simultaneously advances the outer ends of all the rods 42 suchthat the respective posts 40 are pivoted into the vertical slots 51 ofthe rods 42 and within the tubular hangers 32, as shown in FIG. 13. Themerchandise cards 35 can now be placed on the several hangers 32 asdesired. Then, when the operating handle 48 is released, the movableplate 20 returns to its outer position, and the respective posts 40 onthe hangers 32 are pivoted to their outwardly projecting position inwhich they form a barrier to the removal of merchandise cards 35 off thehangers 32.

The display rack 10 is now ready for use. Thus, a customer is able tofully examine the different items of merchandise on the cards at hisleisure and without the need for taking up the time of the sales clerk.It is only when the customer is ready to make a purchase that the salesclerk need be present to unlock the lock 27. This enables the salesclerk to then pull up on the operating handle 48 and thereby depress theplate 20 inwardly against the inner end 66 of the travel stop 64,whereby all the retaining posts 40 are pivoted inwardly at the same timeso that the desired merchandise card or cards can be removed from any ofthe tubular hangers 32. Upon releasing the plate 20, the retaining posts40 are again shifted to their outwardly projecting position and lockedupon locking the display rack 10 to prevent inward movement of the plate20.

When it is desired to relocate a card holding device 30 to a differentlocation on the pegboard 11, it is first necessary to reset the travelstop 64 by use of an Allenhead wrench until the stop 64 is withdrawn toextreme outward position, such that the inner end 66 on the stop 64 isin contact with the inner end of the fitting 68. Now, then, when thedisplay rack 10 is unlocked by rotating the arm 63 of the lock 27, theplate 20 is advanced towards the pegboard 11 to the position indicatedby 20" in FIG. 4, so as to advance all the actuating rods 42 of the cardholding devices 30 until the knobs 47 on the forward ends thereof areexposed on the front of the hangers 32, as shown for the hanger in FIG.14. The fastener 69 on the bracket 31 of the holding device 30 to berelocated is then removed. By holding onto the knob 47 the hanger 32 canthen be readily tilted upwardly about the ears 33 on the bracket 31 andthe card holding device 30 removed from the pegboard 11. The cardholding device 30 can then be replaced to another location on thepegboard as shown and previously described in connection with FIG. 6.

It should be noted that when the actuating rod 42 is depressed onto thetubular hanger 32 so that the knob 47 on the end of the rod 42 isexposed, the retaining post 40 is positioned within the slot 51 on therod 42 and completely enclosed within the front end of the hanger 32.Thus, by locating the slot on the bottom wall of the hanger 32, as therod is withdrawn from hanger 32, use can be made of gravity to cause theouter end of the post 40 to fall through the slot 65 and be pivoted toits vertical position.

While the illustrated embodiment of the improved display rack .of thepresent invention has been described and explained in detail, it will beunderstood that variations and modifications may be made therein withoutdeparting from its scope and spirit. The invention should therefore notbe limited to the specific device herein illustrated and described butshould include all embodiments thereof coming within the scope of theappended claims.

What is claimed is:

l. A display rack for merchandise card comprising:

a pegboard a plate mounted on the rear of said pegboard for inward andoutward movement while being maintained parallel thereto;

a spring means for normally holding said plate in its outward position;and

a plurality of card holding devices attached to said pegboard;

each of said card holding devices including a tubular hanger on whichthe merchandise cards are hung, said tubular hanger having a slot nearthe forward end thereof,

an actuating rod slidably movable in said tubular hanger and having anextension portion extending from the rear of said pegboard,

a spring on the extension portion of said actuating rod for urging theend of said extension portion against said plate, and

a retaining post pivotally supported near the forward end of saidactuating rod adjacent the slot on said tubular hanger;

whereby when said plate is held in its outward position relative to saidpegboard by said spring means the actuating rods of the card movingdevices are withdrawn from their tubular hangers by the 2. The inventionin accordance with claim 1 including a lock means on said pegboard, saidlock means having an arm which is positioned in front of said plate whensaid lock means is locked to prevent the plate from being movedinwardly.

3. The invention in accordance with claim 1 including an adjustabletravel stop extending from the rear of said pegboard for limiting theinward movement of said plate.

4. The invention in accordance with claim 1 including an operating leverpivotally mounted on the side of said pegboard, said lever having meanson the inner end thereof in contact with said plate for moving saidplate inwardly when said lever is pivoted.

5. The invention in accordance with claim 1- including means forlimiting the extent of the outward movement of said plate by said springmeans.

6. The invention in accordance with claim 3 wherein each of saidactuating rods has a knob formed on the front end thereof,

wherein each of said tubular hangers is opened on the forward endthereof, and

whereby said travel stop can be set to enable said plate to be movedforwardly against said spring means to advance the actuating rods intheir tubular hangers so that the knobs extend out from the forward endsthereof.

7. The invention in accordance with claim 1 wherein said actuating rodhas an elongated vertical slot near the forward end thereof and ashorter horizontal slot which traverses said vertical slot, and

said vertical slot has an internal shoulder on the forward end thereofwhich engages a lug on said retaining post when said retaining postprojects out of the slot on the tubular hanger.

8. The invention in accordance with claim 6 wherein the slot on theforward end of said tubular hanger is on the bottom wall thereof toenable the retaining post to be pivoted by gravity out of the slot ofthe tubular hanger as the actuating rod is pulled backward by the springon the extension portion thereof.

9. The invention in accordance with claim 1 wherein said card holdingdevice includes a bracket, said tubular hanger has its inner end securedto an opening on to said bracket, said bracket has ears on the uppercorners thereof for engaging holes on the pegboard, and a fastener forholding the lower end of the bracket on the pegboard.

1. A display rack for merchandise card comprising: a pegboard a plate mounted on the rear of said pegboard for inward and outward movement while being maintained parallel thereto; a spring means for normally holding said plate in its outward position; and a plurality of card holding devices attached to said pegboard; each of said card holding devices including a tubular hanger on which the merchandise cards are hung, said tubular hanger having a slot near the forward end thereof, an actuating rod slidably movable in said tubular hanger and having an extension portion extending from the rear of said pegboard, a spring on the extension portion of said actuating rod for urging the end of said extension portion against said plate, and a retaining post pivotally supported near the forward end of said actuating rod adjacent the slot on said tubular hanger; whereby when said plate is held in its outward position relative to said pegboard by said spring means the actuating rods of the card moving devices are withdrawn from their tubular hangers by the springs on the extension portions thereof to cause the retaining posts pivotally mounted near the front ends of the actuating rods to be projected out of the slotS near the front ends of said tubular hangers, and thereby prevent the removal of the merchandise cards; and whereby when said plate is moved inwardly towards the pegboard against said spring means the actuating rods are simultaneously depressed into said tubular hangers to cause the retaining posts to be pivoted into the slots of said tubular hangers to enable the removal of the merchandise cards.
 2. The invention in accordance with claim 1 including a lock means on said pegboard, said lock means having an arm which is positioned in front of said plate when said lock means is locked to prevent the plate from being moved inwardly.
 3. The invention in accordance with claim 1 including an adjustable travel stop extending from the rear of said pegboard for limiting the inward movement of said plate.
 4. The invention in accordance with claim 1 including an operating lever pivotally mounted on the side of said pegboard, said lever having means on the inner end thereof in contact with said plate for moving said plate inwardly when said lever is pivoted.
 5. The invention in accordance with claim 1 including means for limiting the extent of the outward movement of said plate by said spring means.
 6. The invention in accordance with claim 3 wherein each of said actuating rods has a knob formed on the front end thereof, wherein each of said tubular hangers is opened on the forward end thereof, and whereby said travel stop can be set to enable said plate to be moved forwardly against said spring means to advance the actuating rods in their tubular hangers so that the knobs extend out from the forward ends thereof.
 7. The invention in accordance with claim 1 wherein said actuating rod has an elongated vertical slot near the forward end thereof and a shorter horizontal slot which traverses said vertical slot, and said vertical slot has an internal shoulder on the forward end thereof which engages a lug on said retaining post when said retaining post projects out of the slot on the tubular hanger.
 8. The invention in accordance with claim 6 wherein the slot on the forward end of said tubular hanger is on the bottom wall thereof to enable the retaining post to be pivoted by gravity out of the slot of the tubular hanger as the actuating rod is pulled backward by the spring on the extension portion thereof.
 9. The invention in accordance with claim 1 wherein said card holding device includes a bracket, said tubular hanger has its inner end secured to an opening on to said bracket, said bracket has ears on the upper corners thereof for engaging holes on the pegboard, and a fastener for holding the lower end of the bracket on the pegboard. 